Ty Cerrig Woodland Retreats Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 09118997 (England and Wales)

TY CERRIG WOODLAND RETREATS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

7 JULY 2014 TO 31 OCTOBER 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A M Lord

C A Lord

REGISTERED OFFICE:

Ty Cerrig

Maerdy Newydd

Bonvilston

Vale of Glamorgan

CF5 6TR

REGISTERED NUMBER:

09118997 (England and Wales)

ACCOUNTANTS:

Watts Gregory LLP

Chartered Accountants

Elfed House

Oak Tree Court

Cardiff Gate Business Park

CARDIFF

County of Cardiff

CF23 8RS

FIXED ASSETS

Tangible assets

2

88,885

CURRENT ASSETS

Stocks

59

Debtors

1,216

1,275

CREDITORS

Amounts falling due within one year

(99,153

)

NET CURRENT LIABILITIES

(97,878

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,993

)

PROVISIONS FOR LIABILITIES

(640

)

NET LIABILITIES

(9,633

)

CAPITAL AND RESERVES

Called up share capital

3

2

Retained earnings

(9,635

)

SHAREHOLDERS' FUNDS

(9,633

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 18 March 2016 and were signed on its behalf by:

A M Lord - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

15% on cost

Fixtures and fittings

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

106,025

At 31 October 2015

106,025

DEPRECIATION

Charge for period

17,140

At 31 October 2015

17,140

NET BOOK VALUE

At 31 October 2015

88,885

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

1

2

2 Ordinary shares of 1 each were allotted and fully paid for cash at par during the period.

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 October 2015:

£

A M Lord

Balance outstanding at start of period

-

Amounts advanced

9,239

Amounts repaid

(107,852

)

Balance outstanding at end of period

(98,613

)